Investment projects approved by the Board of Investments (BOI) in January and February increased by 402.3 percent to P131.6 billion from P26 billion a year ago, which the agency attributed to continued investor optimism.
“The sound policies of the government and strong investor sentiment continue to fuel the growth momentum of the economy as we continue to generate projects and create more jobs for our countrymen,” Trade Secretary and BOI Chairman Ramon Lopez said in a statement on Monday.
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